Parent And Guarantor Consolidating Financial Statements (Tables)

9 Months Ended

Sep. 30, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Condensed Income Statement [Table Text Block]

Condensed Consolidating Statements of Comprehensive Income

Three months ended September 30, 2015 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Financing revenue and other interest income
Interest and fees on finance receivables and loans	$	(33	)	$	—		$	1,199		$	—		$	1,166
Interest and fees on finance receivables and loans — intercompany	3			—			1			(4		)	—
Interest on loans held-for-sale	—			—			2			—			2
Interest and dividends on available-for-sale investment securities	—			—			102			—			102
Interest on cash and cash equivalents	—			—			2			—			2
Interest-bearing cash — intercompany	—			—			2			(2		)	—
Operating leases	1			—			829			—			830
Total financing revenue and other interest income	(29		)	—			2,137			(6		)	2,102
Interest expense
Interest on deposits	3			—			178			—			181
Interest on short-term borrowings	10			—			3			—			13
Interest on long-term debt	272			—			138			—			410
Interest on intercompany debt	3			—			3			(6		)	—
Total interest expense	288			—			322			(6		)	604
Depreciation expense on operating lease assets	1			—			527			—			528
Net financing (loss) revenue	(318		)	—			1,288			—			970
Cash dividends from subsidiaries
Nonbank subsidiaries	494			—			—			(494		)	—
Other revenue
Servicing fees	289			—			210			(487		)	12
Insurance premiums and service revenue earned	—			—			236			—			236
Loss on mortgage and automotive loans, net	(1		)	—			(1		)	—			(2		)
Other gain on investments, net	—			—			6			—			6
Other income, net of losses	78			—			119			(117		)	80
Total other revenue	366			—			570			(604		)	332
Total net revenue	542			—			1,858			(1,098		)	1,302
Provision for loan losses	48			—			163			—			211
Noninterest expense
Compensation and benefits expense	138			—			212			(115		)	235
Insurance losses and loss adjustment expenses	—			—			61			—			61
Other operating expenses	315			—			552			(489		)	378
Total noninterest expense	453			—			825			(604		)	674
Income from continuing operations before income tax (benefit) expense and undistributed income (loss) of subsidiaries	41			—			870			(494		)	417
Income tax (benefit) expense from continuing operations	(30		)	—			174			—			144
Net income from continuing operations	71			—			696			(494		)	273
Loss from discontinued operations, net of tax	(5		)	—			—			—			(5		)
Undistributed income (loss) of subsidiaries
Bank subsidiary	254			254			—			(508		)	—
Nonbank subsidiaries	(52		)	(1		)	—			53			—
Net income	268			253			696			(949		)	268
Other comprehensive income, net of tax	61			65			55			(120		)	61
Comprehensive income	$	329		$	318		$	751		$	(1,069	)	$	329

Three months ended September 30, 2014 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Financing revenue and other interest income
Interest and fees on finance receivables and loans	$	16		$	—		$	1,098		$	—		$	1,114
Interest and fees on finance receivables and loans — intercompany	10			—			21			(31		)	—
Interest and dividends on available-for-sale investment securities	—			—			94			—			94
Interest on cash and cash equivalents	—			—			2			—			2
Interest-bearing cash - intercompany	—			—			1			(1		)	—
Operating leases	1			—			898			—			899
Total financing revenue and other interest income	27			—			2,114			(32		)	2,109
Interest expense
Interest on deposits	3			—			163			—			166
Interest on short-term borrowings	10			—			2			—			12
Interest on long-term debt	350			—			143			—			493
Interest on intercompany debt	22			—			10			(32		)	—
Total interest expense	385			—			318			(32		)	671
Depreciation expense on operating lease assets	(4		)	—			553			—			549
Net financing (loss) revenue	(354		)	—			1,243			—			889
Cash dividends from subsidiaries
Bank subsidiaries	150			150			—			(300		)	—
Nonbank subsidiaries	141			—			—			(141		)	—
Other revenue
Servicing fees	6			—			—			—			6
Insurance premiums and service revenue earned	—			—			246			—			246
(Loss) gain on mortgage and automotive loans, net	(2		)	—			2			—			—
Other gain on investments, net	—			—			45			—			45
Other income, net of losses	206			—			373			(501		)	78
Total other revenue	210			—			666			(501		)	375
Total net revenue	147			150			1,909			(942		)	1,264
Provision for loan losses	88			—			14			—			102
Noninterest expense
Compensation and benefits expense	153			—			199			(111		)	241
Insurance losses and loss adjustment expenses	—			—			97			—			97
Other operating expenses	252			—			542			(390		)	404
Total noninterest expense	405			—			838			(501		)	742
(Loss) income from continuing operations before income tax (benefit) expense and undistributed income (loss) of subsidiaries	(346		)	150			1,057			(441		)	420
Income tax (benefit) expense from continuing operations	(68		)	—			195			—			127
Net (loss) income from continuing operations	(278		)	150			862			(441		)	293
Income from discontinued operations, net of tax	127			—			3			—			130
Undistributed income (loss) of subsidiaries
Bank subsidiary	150			150			—			(300		)	—
Nonbank subsidiaries	424			(2		)	—			(422		)	—
Net income	423			298			865			(1,163		)	423
Other comprehensive loss, net of tax	(55		)	(3		)	(50		)	53			(55		)
Comprehensive income	$	368		$	295		$	815		$	(1,110	)	$	368

Nine months ended September 30, 2015 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Financing revenue and other interest income
Interest and fees on finance receivables and loans	$	(45	)	$	—		$	3,403		$	—		$	3,358
Interest and fees on finance receivables and loans — intercompany	15			—			22			(37		)	—
Interest on loans held-for-sale	—			—			40			—			40
Interest and dividends on available-for-sale investment securities	—			—			283			—			283
Interest on cash and cash equivalents	1			—			5			—			6
Interest-bearing cash — intercompany	—			—			6			(6		)	—
Operating leases	1			—			2,585			—			2,586
Total financing revenue and other interest income	(28		)	—			6,344			(43		)	6,273
Interest expense
Interest on deposits	8			—			522			—			530
Interest on short-term borrowings	30			—			6			—			36
Interest on long-term debt	856			—			402			—			1,258
Interest on intercompany debt	28			—			15			(43		)	—
Total interest expense	922			—			945			(43		)	1,824
Depreciation expense on operating lease assets	1			—			1,712			—			1,713
Net financing (loss) revenue	(951		)	—			3,687			—			2,736
Cash dividends from subsidiaries
Bank subsidiary	525			525			—			(1,050		)	—
Nonbank subsidiaries	980			—			—			(980		)	—
Other revenue
Servicing fees	846			—			621			(1,435		)	32
Insurance premiums and service revenue earned	—			—			706			—			706
(Loss) gain on mortgage and automotive loans, net	(9		)	—			54			—			45
Loss on extinguishment of debt	(353		)	—			(1		)	—			(354		)
Other gain on investments, net	—			—			106			—			106
Other income, net of losses	199			—			398			(346		)	251
Total other revenue	683			—			1,884			(1,781		)	786
Total net revenue	1,237			525			5,571			(3,811		)	3,522
Provision for loan losses	111			—			356			—			467
Noninterest expense
Compensation and benefits expense	431			—			634			(339		)	726
Insurance losses and loss adjustment expenses	—			—			239			—			239
Other operating expenses	935			—			1,635			(1,442		)	1,128
Total noninterest expense	1,366			—			2,508			(1,781		)	2,093
(Loss) income from continuing operations before income tax (benefit) expense and undistributed income (loss) of subsidiaries	(240		)	525			2,707			(2,030		)	962
Income tax (benefit) expense from continuing operations	(231		)	—			572			—			341
Net (loss) income from continuing operations	(9		)	525			2,135			(2,030		)	621
Income from discontinued operations, net of tax	367			—			38			—			405
Undistributed income (loss) of subsidiaries
Bank subsidiary	302			302			—			(604		)	—
Nonbank subsidiaries	366			(1		)	—			(365		)	—
Net income	1,026			826			2,173			(2,999		)	1,026
Other comprehensive (loss) income, net of tax	(56		)	40			(64		)	24			(56		)
Comprehensive income	$	970		$	866		$	2,109		$	(2,975	)	$	970

Nine months ended September 30, 2014 ($ in millions)	Parent			Guarantors			Nonguarantors		Consolidating adjustments			Ally consolidated
Financing revenue and other interest income
Interest and fees on finance receivables and loans	$	(2	)	$	—		$	3,347	$	—		$	3,345
Interest and fees on finance receivables and loans — intercompany	26			—			64		(90		)	—
Interest on loans held-for-sale	—			—			1		—			1
Interest and dividends on available-for-sale investment securities	—			—			282		—			282
Interest on cash and cash equivalents	1			—			5		—			6
Interest-bearing — intercompany	—			—			4		(4		)	—
Operating leases	269			—			2,384		—			2,653
Total financing revenue and other interest income	294			—			6,087		(94		)	6,287
Interest expense
Interest on deposits	11			—			484		—			495
Interest on short-term borrowings	32			—			8		—			40
Interest on long-term debt	1,143			—			433		—			1,576
Interest on intercompany debt	68			—			26		(94		)	—
Total interest expense	1,254			—			951		(94		)	2,111
Depreciation expense on operating lease assets	164			—			1,436		—			1,600
Net financing (loss) revenue	(1,124		)	—			3,700		—			2,576
Cash dividends from subsidiaries
Bank subsidiary	1,650			1,650			—		(3,300		)	—
Nonbank subsidiaries	462			—			—		(462		)	—
Other revenue
Servicing fees	22			—			—		—			22
Insurance premiums and service revenue earned	—			—			736		—			736
(Loss) gain on mortgage and automotive loans, net	(2		)	—			8		—			6
Loss on extinguishment of debt	(46		)	—			—		—			(46		)
Other gain on investments, net	—			—			129		—			129
Other income, net of losses	591			—			1,007		(1,384		)	214
Total other revenue	565			—			1,880		(1,384		)	1,061
Total net revenue	1,553			1,650			5,580		(5,146		)	3,637
Provision for loan losses	165			—			137		—			302
Noninterest expense
Compensation and benefits expense	441			—			604		(335		)	710
Insurance losses and loss adjustment expenses	—			—			353		—			353
Other operating expenses	648			—			1,614		(1,049		)	1,213
Total noninterest expense	1,089			—			2,571		(1,384		)	2,276
Income from continuing operations before income tax (benefit) expense and undistributed (loss) income of subsidiaries	299			1,650			2,872		(3,762		)	1,059
Income tax (benefit) expense from continuing operations	(309		)	—			594		—			285
Net income from continuing operations	608			1,650			2,278		(3,762		)	774
Income from discontinued operations, net of tax	172			—			27		—			199
Undistributed (loss) income of subsidiaries
Bank subsidiary	(802		)	(802		)	—		1,604			—
Nonbank subsidiaries	995			(2		)	—		(993		)	—
Net income	973			846			2,305		(3,151		)	973
Other comprehensive income, net of tax	126			116			124		(240		)	126
Comprehensive income	$	1,099		$	962		$	2,429	$	(3,391	)	$	1,099

Condensed Balance Sheet [Table Text Block]

Condensed Consolidating Balance Sheet

September 30, 2015 ($ in millions)	Parent (a)			Guarantors		Nonguarantors (a)			Consolidating adjustments			Ally consolidated
Assets
Cash and cash equivalents
Noninterest-bearing	$	797		$	—	$	869		$	—		$	1,666
Interest-bearing	1,201			—		2,360			—			3,561
Interest-bearing — intercompany	—			—		722			(722		)	—
Total cash and cash equivalents	1,998			—		3,951			(722		)	5,227
Investment securities	—			—		18,758			—			18,758
Loans held-for-sale, net	—			—		37			—			37
Finance receivables and loans, net
Finance receivables and loans, net	3,818			—		104,173			—			107,991
Intercompany loans to
Nonbank subsidiaries	1,781			—		546			(2,327		)	—
Allowance for loan losses	(86		)	—		(932		)	—			(1,018		)
Total finance receivables and loans, net	5,513			—		103,787			(2,327		)	106,973
Investment in operating leases, net	92			—		17,200			—			17,292
Intercompany receivables from
Bank subsidiary	338			—		—			(338		)	—
Nonbank subsidiaries	218			—		242			(460		)	—
Investment in subsidiaries
Bank subsidiary	16,296			16,296		—			(32,592		)	—
Nonbank subsidiaries	10,931			12		—			(10,943		)	—
Premiums receivable and other insurance assets	—			—		1,816			(22		)	1,794
Other assets	4,932			—		3,971			(2,879		)	6,024
Total assets	$	40,318		$	16,308	$	149,762		$	(50,283	)	$	156,105
Liabilities
Deposit liabilities
Noninterest-bearing	$	—		$	—	$	91		$	—		$	91
Interest-bearing	248			—		63,702			—			63,950
Total deposit liabilities	248			—		63,793			—			64,041
Short-term borrowings	3,458			—		1,920			—			5,378
Long-term debt	19,820			—		47,641			—			67,461
Intercompany debt to
Nonbank subsidiaries	1,268			—		1,781			(3,049		)	—
Intercompany payables to
Bank subsidiary	24			—		—			(24		)	—
Nonbank subsidiaries	374			—		420			(794		)	—
Interest payable	223			—		214			—			437
Unearned insurance premiums and service revenue	—			—		2,438			—			2,438
Accrued expenses and other liabilities	304			82		4,245			(2,880		)	1,751
Total liabilities	25,719			82		122,452			(6,747		)	141,506
Total equity	14,599			16,226		27,310			(43,536		)	14,599
Total liabilities and equity	$	40,318		$	16,308	$	149,762		$	(50,283	)	$	156,105

(a) Amounts presented are based upon the legal transfer of the underlying assets to VIEs in order to reflect legal ownership.

December 31, 2014 ($ in millions)	Parent (a)			Guarantors		Nonguarantors (a)			Consolidating adjustments			Ally consolidated
Assets
Cash and cash equivalents
Noninterest-bearing	$	986		$	—	$	362		$	—		$	1,348
Interest-bearing	1,300			—		2,928			—			4,228
Interest-bearing — intercompany	—			—		615			(615		)	—
Total cash and cash equivalents	2,286			—		3,905			(615		)	5,576
Investment securities	—			—		16,137			—			16,137
Loans held-for-sale, net	3			—		2,000			—			2,003
Finance receivables and loans, net
Finance receivables and loans, net	4,225			—		95,723			—			99,948
Intercompany loans to
Bank subsidiary	625			—		—			(625		)	—
Nonbank subsidiaries	3,500			—		1,770			(5,270		)	—
Allowance for loan losses	(102		)	—		(875		)	—			(977		)
Total finance receivables and loans, net	8,248			—		96,618			(5,895		)	98,971
Investment in operating leases, net	—			—		19,510			—			19,510
Intercompany receivables from
Bank subsidiary	219			—		—			(219		)	—
Nonbank subsidiaries	267			—		393			(660		)	—
Investment in subsidiaries
Bank subsidiary	15,967			15,967		—			(31,934		)	—
Nonbank subsidiaries	11,559			12		—			(11,571		)	—
Premiums receivable and other insurance assets	—			—		1,717			(22		)	1,695
Other assets	4,889			—		4,879			(2,466		)	7,302
Assets of operations held-for-sale	634			—		—			—			634
Total assets	$	44,072		$	15,979	$	145,159		$	(53,382	)	$	151,828
Liabilities
Deposit liabilities
Noninterest-bearing	$	—		$	—	$	64		$	—		$	64
Interest-bearing	319			—		57,839			—			58,158
Total deposit liabilities	319			—		57,903			—			58,222
Short-term borrowings	3,338			—		3,724			—			7,062
Long-term debt	21,199			—		45,359			—			66,558
Intercompany debt to
Nonbank subsidiaries	2,385			—		4,125			(6,510		)	—
Intercompany payables to
Bank subsidiary	94			—		—			(94		)	—
Nonbank subsidiaries	454			—		354			(808		)	—
Interest payable	316			—		161			—			477
Unearned insurance premiums and service revenue	—			—		2,375			—			2,375
Accrued expenses and other liabilities	568			82		3,551			(2,466		)	1,735
Total liabilities	28,673			82		117,552			(9,878		)	136,429
Total equity	15,399			15,897		27,607			(43,504		)	15,399
Total liabilities and equity	$	44,072		$	15,979	$	145,159		$	(53,382	)	$	151,828

(a) Amounts presented are based upon the legal transfer of the underlying assets to VIEs in order to reflect legal ownership.

Condensed Cash Flow Statement [Table Text Block]

Condensed Consolidating Statement of Cash Flows

Nine months ended September 30, 2015 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Operating activities
Net cash provided by operating activities	$	51		$	525		$	5,408		$	(2,030	)	$	3,954
Investing activities
Purchases of available-for-sale securities	—			—			(10,011		)	—			(10,011		)
Proceeds from sales of available-for-sale securities	—			—			4,408			—			4,408
Proceeds from maturities and repayments of available-for-sale securities	—			—			3,141			—			3,141
Net decrease (increase) in finance receivables and loans	398			—			(9,573		)	—			(9,175		)
Proceeds from sales of finance receivables and loans	—			—			2,665			—			2,665
Net decrease in loans — intercompany	2,392			—			1,225			(3,617		)	—
Net (increase) decrease in operating lease assets	(94		)	—			526			—			432
Capital contributions to subsidiaries	(228		)	(1		)	1			228			—
Returns of contributed capital	881			—			—			(881		)	—
Proceeds from sale of business units, net	1,049			—			—			—			1,049
Net change in restricted cash	(12		)	—			501			—			489
Other, net	(29		)	—			12			—			(17		)
Net cash provided by (used in) investing activities	4,357			(1		)	(7,105		)	(4,270		)	(7,019		)
Financing activities
Net change in short-term borrowings — third party	120			—			(1,812		)	—			(1,692		)
Net (decrease) increase in deposits	(72		)	—			5,891			—			5,819
Proceeds from issuance of long-term debt — third party	4,037			—			19,807			—			23,844
Repayments of long-term debt — third party	(5,866		)	—			(17,588		)	—			(23,454		)
Net change in debt — intercompany	(1,117		)	—			(2,393		)	3,510			—
Repurchase and redemption of preferred stock	(442		)	—			—			—			(442		)
Dividends paid — third party	(1,356		)	—			—			—			(1,356		)
Dividends paid and returns of contributed capital — intercompany	—			(525		)	(2,386		)	2,911			—
Capital contributions from parent	—			1			227			(228		)	—
Net cash (used in) provided by financing activities	(4,696		)	(524		)	1,746			6,193			2,719
Effect of exchange-rate changes on cash and cash equivalents	—			—			(3		)	—			(3		)
Net (decrease) increase in cash and cash equivalents	(288		)	—			46			(107		)	(349		)
Cash and cash equivalents at beginning of year	2,286			—			3,905			(615		)	5,576
Cash and cash equivalents at September 30	$	1,998		$	—		$	3,951		$	(722	)	$	5,227

Nine months ended September 30, 2014 ($ in millions)	Parent			Guarantors			Nonguarantors			Consolidating adjustments			Ally consolidated
Operating activities
Net cash provided by operating activities	$	544		$	1,639		$	4,036		$	(3,761	)	$	2,458
Investing activities
Purchases of available-for-sale securities	—			—			(4,117		)	—			(4,117		)
Proceeds from sales of available-for-sale securities	—			—			2,974			—			2,974
Proceeds from maturities and repayments of available-for-sale securities	—			—			1,877			—			1,877
Net decrease (increase) in finance receivables and loans	1,669			—			(2,936		)	—			(1,267		)
Proceeds from sales of finance receivables and loans	—			—			1,557			—			1,557
Net (increase) decrease in loans — intercompany	(104		)	—			147			(43		)	—
Net decrease (increase) in operating lease assets	146			—			(3,411		)	—			(3,265		)
Capital contributions to subsidiaries	(744		)	—			—			744			—
Returns of contributed capital	1,251			—			—			(1,251		)	—
Proceeds from sale of business unit, net	46			—			1			—			47
Net change in restricted cash	—			—			2,128			—			2,128
Other, net	(17		)	—			88			—			71
Net cash provided by (used in) investing activities	2,247			—			(1,692		)	(550		)	5
Financing activities
Net change in short-term borrowings — third party	151			—			(3,449		)	—			(3,298		)
Net (decrease) increase in deposits	(72		)	—			3,573			—			3,501
Proceeds from issuance of long-term debt — third party	2,310			—			16,632			—			18,942
Repayments of long-term debt — third party	(5,535		)	—			(15,704		)	—			(21,239		)
Net change in debt — intercompany	(143		)	—			104			39			—
Dividends paid — third party	(200		)	—			—			—			(200		)
Dividends paid and returns of contributed capital — intercompany	—			(1,676		)	(3,337		)	5,013			—
Capital contributions from parent	—			—			744			(744		)	—
Net cash used in financing activities	(3,489		)	(1,676		)	(1,437		)	4,308			(2,294		)
Effect of exchange-rate changes on cash and cash equivalents	—			—			(1		)	—			(1		)
Net (decrease) increase in cash and cash equivalents	(698		)	(37		)	906			(3		)	168
Cash and cash equivalents at beginning of year	2,930			37			2,974			(410		)	5,531
Cash and cash equivalents at September 30	$	2,232		$	—		$	3,880		$	(413	)	$	5,699